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Saudi Arabia to provide Pak $3 billion to address its balance-of-payments crisis !!!


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Posted

 

Riyadh/Islamabad: Saudi Arabia will provide Pakistan USD 3 billion for a year to address the cash-strapped country's balance-of-payments crisis as Prime Minister Imran Khan Tuesday met Saudi King Salman in Riyadh. 
 

imran-khan-reuters.jpg

 

 

pakistan should have asked :mi:  instead of saudi :phehe:

RIL makes 10k crore per quarter .. anyway @Lala  @KeyboardWarrior  spend this money wisely :hehe: 

 

https://economictimes.indiatimes.com/news/international/world-news/saudi-arabia-to-provide-pak-3-billion-to-address-its-balance-of-payments-crisis/articleshow/66336662.cms

Posted

The Saudis are underoging economic decline, they are running out of foreign reserves, oil economy is on the downtrend, etc

 

Weird they are wasting money like this!

Posted
On 10/27/2018 at 6:57 PM, Moochad said:

The Saudis are underoging economic decline, they are running out of foreign reserves, oil economy is on the downtrend, etc

 

Weird they are wasting money like this!

Three billion is still chillar for them and you will get another 100 years of loyalties from pakistan.

Posted
1 hour ago, KeyboardWarrior said:

wrong .. its $6 Billion. 

 

3 billion in cash..

another 3 billion worth of crude oil :(( 

Posted (edited)
1 hour ago, velu said:

 

3 billion in cash..

another 3 billion worth of crude oil :(( 

dont know the exact numbers, it might be more thn $6 Billion. everything cant be share on media.

thre were times they used to gve us oil for free. 

whatever they gve to us, its for thre own security.. especially for the King's family.  

Edited by KeyboardWarrior
Posted
On 10/27/2018 at 6:57 PM, Moochad said:

The Saudis are underoging economic decline, they are running out of foreign reserves, oil economy is on the downtrend, etc

 

Weird they are wasting money like this!

they wasted more than 100 billion dollars in yemen ..

Posted
On 10/28/2018 at 11:00 PM, KeyboardWarrior said:

dont know the exact numbers, it might be more thn $6 Billion. everything cant be share on media.

thre were times they used to gve us oil for free. 

whatever they gve to us, its for thre own security.. especially for the King's family.  

 

saudi was upset with pakistan and refused to give loan few months back ( pakistan refused to participate in yemeni war ) ..

now saudi is cornered by turkey and weakened a bit because of journalists murder ..

 

so they are  offering loan to pak to be in your good books .. they are little soft with qatar as well

Posted
7 hours ago, velu said:

 

saudi was upset with pakistan and refused to give loan few months back ( pakistan refused to participate in yemeni war ) ..

now saudi is cornered by turkey and weakened a bit because of journalists murder ..

 

so they are  offering loan to pak to be in your good books .. they are little soft with qatar as well

When everyone opposed post Khassoggi, Imran decided to attend Saudis investment Conf. Pakistan is "Haq Bakshish" of Saudis

Posted
On 10/27/2018 at 11:52 AM, Lala said:

We don't need any help from India. We have our fellow Muslim bros everywhere in the world. :cantstop:

imran khan did a good job avoiding IMF...but Saudi is one muslim country pakistan can do without. If you know how they treat pakistanis over there then you would understand. Just because they speak arabic and have kaaba doesn't mean they should be worshipped. Heck, they have even turned kaaba into a business. 

Posted
12 hours ago, velu said:

 

saudi was upset with pakistan and refused to give loan few months back ( pakistan refused to participate in yemeni war ) ..

now saudi is cornered by turkey and weakened a bit because of journalists murder ..

 

so they are  offering loan to pak to be in your good books .. they are little soft with qatar as well

and thats what they always wants from us, to be in our good books. we know thre strength and weakness. 

and we take the advantage from it. now, we just avoided the IMF .. 

Posted
14 hours ago, Straight Drive said:

Pakistan has no option but to survive on financial help from other countries.Has it been declared a failed state yet?

never ever. and never will be. :) 

Posted
On 11/2/2018 at 12:41 AM, KeyboardWarrior said:

never ever. and never will be. :) 

What more does a nation need to go through to be considered failed state ? When a country has nuclear power but cant pay back it own loans and has to literally go begging and in some case devolve its own interest within its own country, seems like a perfect case of failed state. 

 

Wrong priorities. Wrong attitude. A nation based on anger and hate will find it difficult to bring any sustainable development. 

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